Surge activates 3,100 sites: what it means for Solusi Sinergi Digital stock
Published on 10/15/2026 at 10:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSGrowth, rollout and governance
- Surge activated more than 3,100 Internet Rakyat sites by October 8, 2026.
- First-half 2026 revenue reached IDR 1.57 trillion, up 206.00 percent year over year.
- The extraordinary shareholder meeting is scheduled for October 21, 2026.
Solusi Sinergi Digital (ISIN ID1000158504) reached IDR 1.57 trillion in revenue in the first half of 2026, up 206.00 percent from a year earlier. The latest company developments combine rapid network expansion with a scheduled shareholder vote and a still demanding execution task.
On October 8, 2026, EmitenNews.com reported that Surge had activated more than 3,100 Internet Rakyat sites in seven months. The network reached as many as 3.1 million households across 94 cities and regencies, while the company kept a target of 5,500 sites by the end of 2026.
Revenue growth meets network rollout
The operating figures show why the rollout matters. According to IDX Channel on October 11, 2026, telecommunications revenue rose 357.00 percent to IDR 1.28 trillion in the first half, contributing about 82.00 percent of total revenue. EBITDA increased 117.00 percent to IDR 948.90 billion, with a 60.40 percent margin, while net income rose 118.00 percent to IDR 496.80 billion.
The network ambition also carries a conversion risk. CNBC Indonesia reported on October 2, 2026, that the company had 513,040 customers on its 1.4 GHz Internet Rakyat service by the end of June, while total customers stood at 2.3 million. That gap between network reach and paying users is a central operating metric for the expansion.
What does the shareholder vote change?
CNBC Indonesia reported on October 2, 2026, that the company planned an extraordinary shareholder meeting for October 21, 2026, after the resignations of President Commissioner Hashim S. Djojohadikusumo and director Henny Santoso. The company said operations and financial conditions were not materially affected.
Three dated developments
On October 2, 2026, the board resignations were followed by a reported 9.00 percent early-session share-price decline. On October 8, 2026, the company reported more than 3,100 Internet Rakyat sites and a 5,500-site year-end target. On October 11, 2026, first-half revenue was reported at IDR 1.57 trillion, up 206.00 percent year over year.
Next corporate date
The next substantiated corporate date is October 21, 2026, for the extraordinary shareholder meeting on board composition.
Growth now depends on conversion
Solusi Sinergi Digital's figures point to a fast-growing telecommunications business, but the customer count shows that coverage must translate into subscriptions and recurring revenue. The October 21 vote adds a governance checkpoint to that operating story.
The latest home-market quote was IDR 1,285 on October 15, 2026 at 2:51 p.m. WIB, with a market capitalization of IDR 6.82 trillion and a 52-week range of IDR 1,250 to IDR 4,420.
Solusi Sinergi Digital stock facts
- Company: PT Solusi Sinergi Digital Tbk
- ISIN: ID1000158504
- Ticker: WIFI.JK
- Primary exchange: Indonesia Stock Exchange
- Home-market price: IDR 1,285.00 on October 15, 2026 at 2:51 p.m. WIB
- Market capitalization: IDR 6.8 trillion (as of October 15, 2026)
- 52-week range: IDR 1,250.00-4,420.00 (as of October 15, 2026)
- Sector / Industry: Communication services / Media
Market context: Market report IDX Composite.
